$S&P 500(.SPX)$ Elon Musk's DOGE initiative has been laying off federal employees coast-to-coast, which may impact the upcoming jobless claims report. The large-scale layoffs could lead to a higher-than-expected increase, affecting the labor market. I wouldn't be surprised if the jobless claims results are negative for the markets.
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- winky9·2025-03-07Interesting impactLikeReport